Imposition of Minimum Import Price on import of Soda Ash
Imposition of Minimum Import Price (MIP) on import of Soda Ash covered under Chapter 28 of ITC (HS) 2022, Schedule —I (Import Policy) —Notification No. 46 /2024-25
S.O. (E): In exercise of powers conferred by Section 3 read with Section 5 of Foreign Trade (Development & Regulation) Act, 1992, read with paragraph 1.02 and 2.01 of the Foreign Trade Policy (FTP) 2023, as amended from time to time, the Central Government hereby revises the Import Policy and Import Policy Condition of the following ITC(HS) Codes covered under Chapter 28 of ITC (HS) 2022, Schedule—I (Import Policy), up to 30th June 2025, as under:
ITC(HS) Code | Item Description | Existing Import Policy | Revised Import Policy | Existing Policy condition | Revised Policy condition |
28362010 | – Disodium carbonate, dense | Free | Restricted | – | However, import is ‘Free’ if CIF value is Rs. 20,108 or above per MT |
28362020 | – Disodium carbonate, light | Free | Restricted | – | However, import is ‘Free’ if CIF value is Rs. 20,108 or above per MT |
28362090 | – Other | Free | Restricted | – | However, import is ‘Free’ if CIF value is Rs. 20.108 or above per MT |
2. The existing ‘Free’ Import Policy, as it stands prior to the issuance of this Notification shall be in effect starting from 1st July 2025, unless expressly amended by subsequent notification.
Effect of the Notification:
Minimum Import Price (MIP) of Rs. 20.108 per MT is imposed on Disodium Carbonate (Soda Ash) covered under Chapter 28 of ITC (HS) 2022. Schedule—I (Import Policy), up to 30th June 2025.
This is issued with the approval of Minister of Commerce & Industry.
Go to DGFT
Read More Updates on DGFT